Belmont County | Energy Services | Ethane | Industrywide Issues | Ohio | Processing Plants | PTT Global
Dirt Being Moved at PTT Ohio Ethane Cracker Site – Still no FID
It’s that time of year again, when we hear rumors that PTT Global Chemical will make a final investment decision (FID) about their $7.5 billion ethane cracker project planned for Dilles Bottom in Belmont County, OH. The decision is always “coming soon.” Hopefully. Maybe. Any day now. But maybe not until next year. Can you tell we’ve grown weary of the rumors? This time it might (underscore MIGHT) be different. This time it’s not rumor but some action that caught our interest. Steubenville, Ohio TV station WTOV has video of dirt being pushed around at the site. Which we take to be a good omen.
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The Sierra Club, along with some lesser-known but equally radical enviro groups, filed a court challenge to an air quality permit granted by the Ohio Environmental Protection Agency for the PTT Global Chemical ethane cracker plant project in Belmont County, OH back in January (see 
PTT Global Chemical continues to behave is if it’s going forward with building a $7.5 billion ethane cracker in Dilles Bottom (Belmont County), Ohio. The latest evidence? The company is actively buying up homes close to the proposed site. Over the past two months the company has snapped up six homes and is in discussions right now with others.
Little by little, piece by piece, the evidence continues to mount that PTT Global Chemical and their partner Daelim Chemical will make a positive final investment decision (FID) to build a multi-billion dollar ethane cracker in Belmont County, OH. On Monday we told you the State of Ohio is investing another $30 million in the project, even though the project is not officially a done deal, yet (see 
We’ve found one more bit of evidence that Ohio officials believe, rather strongly, that PTT Global Chemical will move forward with building a multi-billion dollar ethane cracker in Belmont County. JobsOhio, a private non-profit with a board appointed by the Ohio governor, gets most of its operating revenue from taxes on liquor sales in Ohio. JobsOhio previously spent $17 million in 2016 to clean up the site where PTT says they may/maybe/might build a cracker plant (see 
Last Thursday and Friday, MDN attended the Northeast Petrochemical Conference & Exhibition in Pittsburgh. There were a number of interesting stories coming from the event that we will chronicle this week. However, there was one bit of breaking news from the event: Bechtel Oil, Gas & Chemicals Senior Project Manager of Pennsylvania Chemicals, Paul Marsden, made official what we previously shared as a rumor–that Bechtel has been selected as the EPC (engineering, procurement and construction) contractor to build the PTT cracker plant complex, when and if a positive final investment decision is made. According to a number of sources, that decision will get made this year.
Every now and again we traffic in rumors here on MDN, but we do so rarely and only when we trust the source of the rumor. In mid-March we brought you juicy tidbits from a highly trusted source about the PTT Global Chemical ethane cracker project in Belmont County, OH, a rumor about why a final investment decision (FID) to proceed has been delayed (see 
Ohio Congressman Bill Johnson is “urging patience” with PTT Global Chemical and their long-overdue final investment decision (FID) to move forwarding with building what is now being called a $7-$10 billion ethane cracker complex in Dilles Bottom (Belmont County), OH.
Every now and again we traffic in rumors here on MDN, but we do so rarely and only when we trust the source of the rumor. We have such a rumor to share, from a source we trust implicitly. We’ve been carping for over a year that PTT Global Chemical has repeatedly violated our deep well of patience by hinting that a “final investment decision” (FID) is “coming soon” for their $7-$10 billion ethane cracker complex in Belmont County, OH (see 
As we keep pointing out, PTT Global Chemical, the company that says they want to build a $6 billion ethane cracker plant complex in Belmont County, OH, keeps hinting that a “final investment decision” (FID) will come soon. Any day now. Just around the corner. They’ve been saying it for nearly two years.
PTT Global Chemical has made and broken so many promises about the timing of a decision to build a $6 (lately cited as $10) billion ethane cracker in Belmont County, we’ve lost track of the number broken deadlines. Don’t get us wrong. We still hope and believe the project will happen, but we’ve grown weary of the delays in an announcement. And we don’t even live in the region!
The radicals of the Sierra Club along with some lesser-known but equally radical enviro groups are challenging an air quality permit recently granted by the Ohio Environmental Protection Agency for the PTT Global Chemical ethane cracker project in Belmont County, OH.
Is anyone surprised that the $6 billion ethane cracker plant complex proposed by PTT Global Chemical for Belmont County, OH did not, as previously promised, announce a final investment decision (FID) in 2018? We sure weren’t.
Last week the Ohio Environmental Protection Agency held an information session (to give out info) along with a public hearing (to accept comments) on the draft air pollution permit for PTT Global Chemical’s proposed ethane cracker plant complex in Belmont County, OH (see 
Still no sign from PTT Global Chemical that they will announce a final decision to proceed with building a $6 billion ethane cracker in Belmont County, OH, by the end of this year. The project was first announced in April 2015 (see